Choice Account
This information is provided for existing account holders only.
Features and benefits
- easy access to your money – in-branch, ATM, Internet Banking, EasyPhone Banking, EFTPOS, cheque book, BPAY and Bank@Post
- no account maintenance fee if minimum monthly balance is $1,000 or over. If less than $1,000, then $5 fee applies
- two free teller withdrawals each month at any Bank of Queensland branch.
- five free Bank of Queensland ATM or EFTPOS withdrawals/transfers each month
- ten free Internet Banking and ten free EasyPhone Banking funds transfers each month (including BPAY)
- free balance enquiries at Bank of Queensland ATMs or from Internet Banking or EasyPhone Banking
- transfer orders are free to any other Bank of Queensland accounts
- free cheque books
- regular statements
- interest calculated daily and paid quarterly
- fee exemptions for children and students
Interest rates
Interest is calculated daily and paid quarterly to your account.
Amount $ | Interest Rate |
|---|
1 and over | 0.01% p.a. |
Fees and charges
| ACCOUNT FEES |
Minimum monthly balance | Less than $1,000 | $1,000 and over |
Monthly account maintenance fee | $5.00 | Nil |
Teller withdrawals | 2 free
then $2.00 each |
Cheques written | $1.00 each |
ATM: |
Bank of Queensland ATM/EFTPOS withdrawals/transfers | 5 free
then $0.65 each |
Bank of Queensland ATM balance enquiry | All Free |
Other bank ATM withdrawal/balance enquiry and Bank@Post | $2.00 each |
| EasyPhone Banking: |
Funds transfer and BPAY | 10 free
then $0.30 each |
Funds transfer to third party Bank of Queensland accounts | $0.65 each |
Balance enquiry
Transaction history enquiry | All Free |
Internet Banking: |
Funds transfer and BPAY | 10 free
then $0.30 each |
Single Pay Anyone or
Funds transfer to third party Bank of Queensland accounts | $0.65 each |
Multi Payment | $1.30 for up to 10 payments (then $0.15 for each additional transaction) |
Balance enquiry
Transaction history enquiry | All Free |
To open a Choice Account, find out what information we need from you to open an account and visit your nearest branch or call us on 1300 55 72 72.
Important information
Please view the terms and conditions listed below on the Terms and Conditions page:
- Personal Banking Guide to Fees and Charges
- Deposit Products Terms and Conditions
Information current as at July 4, 2008.
Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Fees and charges are payable. Full terms and conditions are available at any of Bank of Queensland branch. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the terms and conditions, Financial Services Guide and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any Bank of Queensland branch or from this website. This information is for general information purposes only. These rates are subject to change at any time. Details of our current rates may be obtained at any branch of Bank of Queensland in Australia, or contact us at our Customer Contact Centre.